Military spending will be focus of Rideau Institute budget submission

(Ottawa) The Rideau Institute is preparing a special brief for decision-makers that will examine Canada’s escalating military spending. The brief will be submitted to the Standing Committee on Finance as part of its pre-budget consultations.

“While the government seeks $4 billion in spending cuts, Canada is still overspending on National Defence,” said Steven Staples, President of the Rideau Institute. “While some departments brace themselves for budget cuts, the military will enjoy annual increases for year to come.”

On June 27, 2011, the House of Commons Standing Committee on Finance invited Canadians to participate in its annual pre-budget consultation process, the results of which will be tabled before the House of Commons in December 2012.

The Committee is interested in receiving feedback from groups and individuals about four primary issues. They are: how to achieve a sustained economic recovery in Canada, how to create quality sustainable jobs, how to ensure relatively low rates of taxation, and how to achieve a balanced budget.

– 30 –

For information:
Steven Staples
Tel. 613 565-9449 e. sstaples@rideauinstitute.ca

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